Drewry: World Container Index down for yet another week, But 41.2% higher than last year

2022-05-09 11:24:55 Trade Body / Associations News

Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.

Drewry’s detailed assessment for Thursday, 5 May 2022

The composite index decreased by 0.5% this week, but, remains 41.2% higher than a year ago.

 

• The average composite index of the WCI, assessed by Drewry for year-to-date, is $8,830 per 40ft container, which is $5,524 higher than the five-year average of $3,306 per 40ft container.

• Drewry’s World Container Index composite index decreased by 0.5% to $7,727.84 per 40ft container, but is 41.2% higher than the same week in 2021.

Rotterdam dropped 2% or $212 to $9,987 per feu. However, rates on Rotterdam – Shanghai gained 2% or $34 to reach $1,451 per 40ft box. Similarly rates on Rotterdam – New York grew 4% to reach $7,212 per 

40ft container. Rates on Shanghai – Genoa, Shanghai – 

Los Angeles, Los Angeles – Shanghai, Shanghai – 

 

New York and New York – Rotterdam hovered around previous weeks level. Drewry expects spot rates to remain stable in the coming weeks.

 

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